Currently, there is no time limit for deployment of funds.
In a consultation paper floated by the market regulator, it has said in exceptional cases when asset management company (AMC) is not able to deploy the funds in 30 business days, it must give reasons to the investment committee in writing, including details of efforts taken to deploy the funds.
Esta historia es de la edición October 31, 2024 de The New Indian Express.
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Esta historia es de la edición October 31, 2024 de The New Indian Express.
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